How to leave a financial legacy after your passing


Most of us don’t think about the financial gain or loss we leave to our families when we die; since losing a member of the family is an affair that requires financial planning, Ted Bauman agrees that there has to be a plan that can take shape in order for matters regarding the funeral arrangements to be done. Once the funeral is done, there are still obligations that have to be sorted out. Since the death of a loved one is an event that is important, we are going to share a plan on how you can leave a good financial support for your burial and post-burial financial needs. Read more about Ted at affiliatedork.com

Let everyone follow the same script

It is easier to assume that the first step of preparing for a burial before someone passes on is to talk to the couple, but there are concrete reasons as to why it is important to seek the advice of the extended family first.

According to Ted Bauman, one of the chief reasons is that no one likes to be told how to plan for their death. Before someone dies, it is not right for members of a family to approach the couple differently and give them advice that is conflicting. When this happens, it is a recipe for stress. When you agree to speak as one voice as one family, then you are able to get the couple on one lane of thinking.

Secondly, if your family is one that has a complex structure where different children are as a result of different marriages, it is important to get everyone on the same page before the person in question departs. Ted Bauman states that when everyone in the family shares one information and communicates with one voice, then the couple will make well-informed decisions about what is supposed to be done when the time of burial comes.

Collect more information early enough

Before the passing of family members, Ted Bauman indicates that it is important to collect the financial information of the assets the individual has. It is important for the family to have the access details of the individual’s bank accounts, retirement, brokerage and any other form of account.

Account for the financial accounts

Ted Bauman also adds that it is important to take inventory of the accounts and credit cards of a loved one. Once the family itemizes the account details before death, it makes even more sense to freeze the accounts when the family member passes away so that no additional transactions can take place. Visit:https://stocktwits.com/tedbauman

 

Why Shervin Pishevar Thinks Silicon Valley Is Losing Their Edge

Shervin Pishevar recently released a lot of thoughts he has about Silicon Valley, the economy, and more across Twitter. The angel investor and venture capitalist actually tweeted 50 times in 21 hours, shocking many people due to his previous silence.

 

What’s happening in Silicon Valley?

Silicon Valley is where a large number of major businesses sit. Facebook, Microsoft, and others are based in Silicon Valley, California. However, it is no longer simply a physical place as Shervin Pishevar explains. Businesses that thrive no longer need to come out of this ZIP Code.

With innovation hailing from all sorts of other areas around the globe, the competitive edge that Silicon Valley used to have is lost.

 

Where is the innovation coming from?

Innovation isn’t limited to Silicon Valley anymore. Instead, it is coming from everywhere. Even China is being seen as more innovative due to their ability to increase their speed of execution. Shervin Pishevar provides the example that a train station was built in nine hours using 1500 Chinese construction workers.

There are plenty of competing zones for innovation. Entrepreneurship has become a movement and it is borderless. For years, the United States used immigrant talent. However, the talent no longer needs to enter the United States. Instead, there are plenty of businesses being created throughout Eastern Europe, Asia, and beyond. The talent is staying put as a result of physical borders being created. See This Page to learn more.

Countless new businesses are creeping up and proving that they are far more innovative than the startups coming out of Silicon Valley. Ultimately, consumers don’t care where the innovation comes from as long as it is innovative and truly disruptive technology.

Shervin Pishevar has experienced a number of retweets and comments as a result of his comments. The ones regarding Silicon Valley begin with tweet number 25. Seeing as how he numbered all of his tweets, it makes it easy to follow everything that he said in order.

 

Visit: https://eca.state.gov/fulbright/about-fulbright/j-william-fulbright-foreign-scholarship-board-ffsb/ffsb-members/shervin

Shervin Pishevar Recently Distilled His Thoughts on 2018’s Economy into 50 Tweets

Shervin Pishevar recently distilled his thoughts on 2018’s economy into 50 tweets posted over 21 hours. Anyone interested in America’s economic future should consider his tweet storm’s highlights.

 

A Dow Drop

 

Pishevar’s impetus to tweet on February 5 and 6 was the early-month’s roller-coaster stock market sessions. In the storm’s first tweet, he wrote, “I expect a 6000-point drop in aggregate in the months ahead.” That drop would consume more than 20 percent of the Dow Jones Industrial Average’s record close of 26,252.12 points, which it hit in January 2018.

 

Several Causes

 

A sage venture capitalist, Shervin Pishevar saw multiple culprits. “Rising interest rates, increasing credit account deficits and tax giveaways without matching service cuts lead to a descent into panic,” he stated.

 

A Potential Recession

 

Pishevar also warned of a long trough in the U.S. economy that could be caused by the stock market’s volatility indices. “Such financial instruments’ sole purpose is loopholes to risk-taking for institutions to uncontrolled leverage,” wrote Pishevar. He then stated that similar conditions caused 2008’s Great Recession. Go To This Page for more information.

 

A Competitive-Edge Loss

 

Reiterating remarks he had made in an essay published in 2009, Shervin Pishevar tweeted, “Silicon Valley is no longer a physical place but an idea that’s gone viral.” Also, he commented that modern tech created entrepreneurs who are not restricted by borders.

 

An Astonishing Feat Abroad

 

Pishevar additionally compared the infrastructures of two superpowers.

 

Shervin Pishevar shared a news story from early 2018 that detailed the nine-hour construction of a large train in China. “Meanwhile, our infrastructure is in tatters,” he continued.

 

A Looming Shift

 

Next, Pishevar forecast a once-in-many-lifetimes shift that cryptocurrencies like Bitcoin will produce. He called the shift “a revolution in stateless digital currencies unleashed across the globe over the next couple decades.”

 

A Few Monopolies Crushing Upstarts

 

Pishevar also decried U.S. policies that have created modern Ma Bells, which are Alphabet, Amazon, Apple, Facebook and Microsoft. He lamented, “Just like Ma Bell, these 5 giants have too much power and are stifling startups.”

 

The U.S. can likely right its long-term economic ship. Heeding Shervin Pishevar’s tweets would be a good start!

Sahm Adrangi, King Of The Short Sell

Kerrisdale Capital Management, a company run by Mr. Sahm Adrangi, managed to raise about $100 million dollars from a number of different investors, which will be bet against a single stock. Although it is common for these kinds of investments to be made, the sheer size of this one is definitely abnormal. Sahm Adrangi explains this great fundraising success is due to his company having “struck a chord” with the market.

 

Although hedge fund managers sometimes raise money in this way, this “co-investment” fund is the first one of its kind. rather than focusing on securities, Kerrisdale plans to use the money for short-selling. The company to be shorted has yet to be revealed, but Kerrisdale has said they will reveal that information in mid-May. According to the same source, the Kerrisdale fund has begun buying stock in the unnamed company to bolster their position.

 

Although Kerrisdale is a relatively small company based in New York, it manages about $150 million as of July 2017. This is impressive, as the company started in 2009 with about $1 million. Its founder and CEO, Sahm Adrangi, first came into the public eye for exposing a number of fraudulent chinese companies and shorting their stocks. In 2010 and 2011, a large number of chinese companies were exposed by his activities, including China Marine Food Group, China-Biotics, and Lihua International. Some of these companies received stiff penalties for their illicit activity. Before that, Mr. Adrangi received a Bachelor of Arts in Economics from Yale University, and worked for Deutsche Bank in the credit and finance sector.

 

Kerrisdale, and its CEO Sahm Adrangi, have published a lot of research on a wide variety of different companies as well. In recent years, the company has focused especially on biotechnology, mining, and telecommunications companies. Most of this research has been of an activist nature, working to educate the public about bad investments and social issues. Certainly, this has contributed to the respect Mr. Sahm Adrangi enjoys among his peers. For instance, last year his company exposed a mining company called Northern Dynasty. Northern Dynasty was selling stock in an exploratory mining project in Alaska, referred to as the Pebble Mine. This project was expected to have a very large environmental impact and was opposed by many activists and native tribes. Sahm Adrangi authored a report on this mine, in which he showed potential investors that the project would actually cost more money than it was likely to make. Read This Article for related information.

 

Activism and investment seem like unlikely bedfellows, but Mr. Adrangi has made the mix work very well.

 

See: https://www.futuresmag.com/author/sahm-adrangi​

Sahm Adrangi – Savvy Investor and Consumer Advocate

Sahm Adrangi earned a Bachelor of Arts in Economics from Yale University (1999 – 2003). Following his graduation from Yale, Mr. Adrangi began his career by advising creditor committees in bankruptcy and restructuring strategies at Chanin Capital Partners. He also worked on leveraged loan debt financing at Deutsche Bank. Mr. Adrangi founded Kerrisdale Capital Management LLC in 2009. He started the company with less than one million dollars in funding and has grown the firm to the point that it now manages over $150 million in assets. Mr. Adrangi continues to play an active role in all aspects of running the firm and holds the title of Chief Investment Officer.

 

One might say that in addition to being a savvy investor, Sahm Adrangi is an advocate for the public at large. Mr. Adrangi gained recognition early in his career for his work in exposing fraudulent activities within a number of Chinese companies including Lihua International, China Marine Food Group and China-Biotics.

 

While Kerrisdale Capital Management researches the marketplace for critical information on a variety of industries, under the leadership of Sahm Adrangi, the firm has recently focused on the potentially high-yield arena of biotechnology. Kerrisdale’s expertise in this market sector has been evidenced by the publication of research papers on a number of emerging growth stage companies such as Sage Therapeutics, Pulse Biosciences and Unilife among many others. Get More Information Here.

 

Sahm Adrangi and Kerrisdale Capital Management have been the focus of media attention in the biotech world recently. Kerrisdale analysts had researched the company Prothena and its lead biotech product, NEO001 (an AL amyloidosis drug). This research found that the Phase I and Phase II studies of this drug had proven that NEO001 would be ineffective. The Kerrisdale analysts consulted with experts in the field who have concluded that the upcoming Phase IIb and Phase III studies will show the potential biotech drug has no value whatsoever. See: ENDPOINTS NEWS, “Under pressure to perform, Woodford counterattacks against Sahm Adrangi’s latest short assault” by: John Carrol, January 26, 2018.

 

Source: http://www.zerohedge.com/news/2016-04-21/notorious-short-seller-raises-100-million-take-down-unknown-company